Mark C. Christie, Chief Executive Officer of The Bostwick-Braun Company, has announced the acquisition of Mill Supplies, Inc. (MSI) by the company's Industrial Business Division.
MSI is a contractor and industrial supply company operating out of Fort Wayne and Indianapolis, that has supported the OEM, construction, and metalworking industries for over 60 years. MSI is a leading regional distributor of power tools, abrasives, cleanroom, MRO, and safety products.
"We are executing our strategy to be the premier full-line industrial distributor in the Midwest," said Christie. "We seek to partner with excellent companies such as Mill Supplies. MSI is passionate about exceeding the expectations of its customers and values the employees and culture that have been the company's foundation." Christie added, "Bostwick-Braun is proud to be a 100% employee-owned company, and we believe MSI shares many of the same values that we hold important as an ESOP."
Andy and Karen Beckstein, who owned and operated MSI for the past 28 years, will continue with the company in key management roles. Andy will serve as MSI's General Manager and Karen will focus on supply chain and supplier development.
Former owner Andy Beckstein said, "Karen and I are excited to announce the acquisition of our company, Mill Supplies, Inc., by the Bostwick-Braun company. We feel it is the best possible succession plan for our employees and business. Our employees are our success story; offering them employee ownership with Bostwick- Braun is exciting and fulfilling. The partnership with Bostwick-Braun makes us both stronger, better, and poised for future success."
